Layoffs loom for Mashable as site reportedly sells for less than $50M

The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.” Mashable employees are reportedly being let know about their … Continue reading “Layoffs loom for Mashable as site reportedly sells for less than $50M” The digital media bubble continues to show signs of bursting. Recode reports that Mashable–once valued at $250 million–is selling itself to publisher Ziff Davis for less than $50 million. The site will reportedly lay off about 50 employees and refocus coverage on “tech and tech-lifestyle content.”Read Full Story Continue reading at 'Fast Company'

[ Fast Company | 2017-12-05 00:00:00 UTC ]
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[ The Bookseller | 2014-05-29 00:00:00 UTC ]
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[ Publishers Weekly | 2014-05-29 00:00:00 UTC ]
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Amazon 'Not Optimistic' It Will Resume Selling Hachette Books Normally Soon

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[ Advertising Age | 2014-05-28 00:00:00 UTC ]
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[ Publishers Weekly | 2014-05-05 00:00:00 UTC ]
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[ Publishers Weekly | 2014-04-21 00:00:00 UTC ]
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[ Folio Magazine | 2014-04-18 00:00:00 UTC ]
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[ Publishers Weekly | 2014-04-18 00:00:00 UTC ]
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[ Publishers Weekly | 2014-04-17 00:00:00 UTC ]
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[ Publishers Weekly | 2014-04-14 00:00:00 UTC ]
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[ Los Angeles Times | 2014-03-26 00:00:00 UTC ]
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[ The Bookseller | 2014-03-19 00:00:00 UTC ]
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